Would the conveyancing lawyers that you recommend conduct conveyancing in Marsden by way of an attended exchange?
There are a few conveyancing experts who can conduct attended exchanges. Do call us to obtain a fee calculation and details as to dates.
Completed the sale of my flat in Marsden last September yet the purchaser is telephoning daily complaining that their lawyer needs to hear from mylawyer. What should have happened now that I have sold?
Following your disposal your lawyer should deliver the transfer documentation and all supplemental paperwork to the buyer’s solicitors. If applicable, your lawyer must also evidence that the legal charge in favour of the lender has been discharged to the buyers conveyancers. There are no post completion tasks unique to conveyancing in Marsden.
Forgive me if this question is silly but I am new to the process as FTB of a garden flat in Marsden. Do I pick up the keys to the premises on the completion date from my lawyer? If this is the case, I will appoint a local conveyancing solicitor in Marsden?
On the day of completion you will not be required to attend the conveyancers office in Marsden. Conveyancing lawyers for you will transfer the purchase money to the vendor’s solicitors, and shortly after the monies have arrived, you will be able to pick up the keys from the selling Agents and start moving into the property. Usually this happens early afternoon.
We have agreed to purchase a house in Marsden. A rare aspect is that the roof has a solar panel. TSB have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
Given that you are obtaining a mortgage with TSB your lawyer must comply with the formal instructions set out in Part 2 of UK Finance Lenders’ Handbook for TSB. The CML Handbook sets out minimum provisions for solar panel roof-space leases, and conveyancing practitioners are required to report to TSB where a lease fails to satisfy these conditions. The specifications relate to the installation of panels on properties countrywide and is not limited to Marsden.
Planning on purchasing a house in Marsden. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Principality conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Marsden conveyancer is on the Principality conveyancing panel.
My colleague advised me that where I am purchasing in Marsden I should ask my conveyancer to carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is occasionally quoted for as part of the standard Marsden conveyancing searches. It is not a small report of more than thirty pages, listing and detailing significant information about Marsden around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Marsden Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Marsden Education with plans and statistics, Local Amenities and other useful information about Marsden.
Over the last few months I have been searching for a ground for flat up to £245,000 and identified one close by in Marsden I like with open areas and railway links in the vicinity, the downside is that it only has 61 remaining years left on the lease. I can't really find anything else in Marsden in this price bracket, so just wondered if I would be making a grave error buying a lease with such few years left?
Should you require a mortgage the shortness of the lease may be an issue. Discount the price by the amount the lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for at least 2 years you could ask them to start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease with a zero ground rent applied. You should consult your conveyancing solicitor about this.
My wife and I purchased a leasehold flat in Marsden. Conveyancing and Britannia mortgage organised. I have received a letter from someone saying they have taken over the freehold. It included a demand for arrears of ground rent dating back to 1994. The conveyancing solicitor in Marsden who acted for me is not around. Do I pay?
The first thing you should do is contact HMLR to make sure that this person is in fact the registered owner of the freehold reversion. There is no need to instruct a Marsden conveyancing solicitor to do this as you can do this on the Land Registry website for £3. You should note that in any event, even if this is the rightful freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.
I am the registered owner of a garden flat in Marsden, conveyancing formalities finalised 3 years ago. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Corresponding flats in Marsden with over 90 years remaining are worth £216,000. The ground rent is £50 yearly. The lease terminates on 21st October 2094
You have 69 years unexpired we estimate the premium for your lease extension to range between £9,500 and £11,000 plus plus your own and the landlord's "reasonable" professional fees.
The suggested premium range above a general guide to costs for renewing a lease, but we are not able to advice on a more accurate figure without more detailed investigations. Do not use the figures in a Notice of Claim or as an informal offer. There are no doubt additional concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. You should not take any other action based on this information without first seeking the advice of a professional.